Misinformation on Income Tax Gets Connecticut Man Probation

Tuesday, January 31st, 2012

A businessman in Naugatuck, Conn., was sentenced to two years of probation for underpaying his federal income taxes.
According to court records, Augustine C. Ofili, 54, was the owner of Augustine Insurance Agency in Bridgeport.  From 2004 to 2007, Ofili underreported on his federal income tax returns the insurance commission income he acquired from his insurance business.  Ofili also failed to report capital gains from the sale of real estate in

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Tax Fraud Case: Business Woman Charged

Sunday, January 29th, 2012

A Dora, Ala., woman has been charged with tax fraud for her role at a medical clinic she managed and partly owned. Carol Twilley, 43, allegedly failed to account for and pay to the IRS the federal income taxes withheld and Federal Insurance Contributions Act taxes due to the UnitedStates on behalf of Horse Creek Family Medicine Inc. and its employees from November 2004 to January 2006. She faces

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False Tax Return Filed by Alabama Woman, Now Faces Prison

Saturday, January 28th, 2012

Shenita Nicole James, 33, of Montgomery, Ala., pleaded guilty to preparing and filing false and fraudulent federal income tax returns. James was employed as an office manager and income tax preparer at We Finance Auto Sales in Montgomery in 2008 and 2009. We Finance Auto Sales prepared income tax returns for individuals who could choose to use their tax refunds to purchase or make down payments for automobiles.
On or about

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Dodging Taxes by Michigan Lawyer Results in 24 Month Prison Term

Friday, January 27th, 2012

A lawyer in Port Huron, Mich., was sentenced to 24 months in prison for tax evasion.
David Douglas Black, 49, owner of Black, Black and Black law firm also was sentenced to two years of supervised release and ordered to pay a special assessment of $100.
According to court records, during the 2004 tax year, Black diverted income from his law firm by using checks made out to him, his wife or

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Filing False Tax Returns Land Couple in Prison

Wednesday, January 25th, 2012

A Colorado Springs, Colo., couple were sentenced to criminal obstruction and filing false income tax returns.
Gary Neuger, 56, was sentenced to serve 24 months in federal prison, followed by one year of supervised release, along with paying $393,791.20 in restitution to the IRS. Beth Neuger, 54 and Gary’s wife, was sentenced to serve three years of probation, with the first 10 months in home detention.  She was also ordered to pay

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IRS Offer in Compromise Saves Tax Client Over $15,000

Sunday, January 22nd, 2012

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s TaxClient Of The Month is Mr. Joe F.
Mr. Joe F. owed the IRS $16,000 in back taxes when he sought help.  After several months of negotiations, we were able

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Eliminate Tax Debt Through IRS Payment Plan or Offer in Compromise

Friday, January 20th, 2012

Question: I’ve likely waited way too long, but now that we’re into 2012, I really want to get a handle on my tax debt. In fact, I want to eliminate my tax debt. What advice do you have for me? Answer: The first thing you should do — and you should do this immediately — is visit a qualified tax professional. He or she will discuss with you your current

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Tax Cheats Warning: IRS is‘Turning Up the Pressure’

Wednesday, January 18th, 2012

The head of the Internal Revenue Service described how the tax-collecting agency will place more pressure on tax cheats and companies that facilitate cheating. It’s time for tax cheats to worry.
———————————-
The Internal Revenue Service is “turning up the pressure” on tax cheats.
Those were the exact words from IRS Commissioner Douglas H. Shulman when he spoke in December at the IRS/George Washington University 24th Annual Institute.
The IRS will direct much of the

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Tax Evasion by Arizona Woman Amounts to $3 Million

Sunday, January 15th, 2012

A Gilbert, Ariz., woman was sentenced to 78 months in prison for evading more than $3 million in taxes on income earned from real estate commissions and land sales.
Sue J. Taylor, 67, was found guilty by a federal jury on April 28, 2011, of four felony counts of tax evasion and fourmisdemeanor counts of willful failure to file tax returns. Taylor was taken into custody at the conclusion of

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Back Taxes Owed by Christie Brinkley Amount to $500,000

Friday, January 13th, 2012

Former model Christie Brinkley owes the Internal Revenue Service $531,000 in back taxes.
Brinkley, 57, owns properties in the Hamptons and is worth a reported $80 million.
“I was surprised to learn of the tax lien filing and took immediate steps to rectify this matter. I discovered the tax lien was the result of an error,” Brinkley told TMZ.
“I regret not paying more attention to my accounting, but I have been and

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IRS Scam by Former Inmate Gets 92 Months

Saturday, December 31st, 2011

Walter Allen Johnson, a former Tennessee Department of Correction inmate, was sentenced to 92 months in prison for his role in a conspiracy to submit false tax returns on behalf of prison inmates. Johnson admitted that, while incarcerated from 2006 to 2007, he conspired with othersto submit false tax returns that claimed refunds on behalf of other inmates. Johnson and his co-conspirators collected 87 checks totaling approximately $57,880. Related posts:Tax

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IRS Incentives Provide Small Business Tax Help for 2011

Friday, December 30th, 2011

At Tax Resolution Services, we help individuals and small businesses find a solution for their IRS tax problems. For a small business owner, this means not only spelling out the resolution process, but also the assessment and prevention of future tax issues down the road. It cannotbe said enough that sound legal and financial advice helps to streamline operations and is key to small business success both in good

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False Tax Returns Gets New Jersey Man 33 Months in Prison

Thursday, December 29th, 2011

A Blackwood, N.J., man was sentenced to 33 months in prison for defrauding the United States by filing tax returns with the IRS with false, fictitious and fraudulent information. Jose Adames, 32, was convicted following an eight-day trial. His wife, Angelita Adames, 34, who previously pleaded guilty to the same indictment, is scheduled to be sentenced.
Jose and Angelita Adames negotiated 102 tax refund checks totaling $668,298.73 at a Camden check

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Failure to Pay Employment Taxes by Wisconsin Businessman

Wednesday, December 28th, 2011

After pleading guilty to failure to pay employment taxes, Gene R. Wendt, 56, Rhinelander, Wis., was sentenced to nine months in prison and fined $10,000.
From 2004 to 2008, Wendt owned and operated Crown Point Classics, a business in Hazelhurst, Wis., that restored antique cars andboats.
As the owner of the business, Wendt was responsible for collecting, accounting for, and paying over employment taxes withheld from the wages of CPC employees.
A

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Tax Evader Guilty of Filing False Refund Claims For More Than $1 Million

Friday, December 23rd, 2011

Following a three-day trial, Douglas M. Cavanaugh, Jr., 45, formerly of Binghamton, N.Y., was convicted of six counts of filing false claims for tax refunds from the Internal Revenue Service.
Cavanaugh was arrested at Los Angeles International Airport shortly after he arrived on a flight from Australia, where he resided. Evidence presented during the trial showed that Cavanaugh knowingly made and presented to the IRS six claims for payments of refunds

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Owe Back Taxes? Offer in Compromise or IRS Payment Plan Can Help

Wednesday, December 21st, 2011

Question: I’ve been struggling with IRS debt for a couple of years now. How do I know whether the Offer in Compromise or Installment Agreement is the right program for me? Answer: Ultimately you’ll need to consult in person with a qualified tax professional to find out exactly whether the Offer in Compromise or Installment Agreement is right for you, but it might help if you understand each program and

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Offshore Tax Evasion by Diamond Merchant

Tuesday, December 20th, 2011

Richard Werdiger, a former client of Swiss bank UBS, was sentenced to one year and one day in prison for conspiring to defraud the Internal Revenue Service. He had hid more than $7.1 million at UBS and evaded nearly $400,000 of taxes.
Werdiger pleaded guilty in March 2011 and agreedto pay a civil penalty of more than $3.8 million for his failure to report his overseas accounts to the IRS.
From

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Friday’s Tax Funny!

Saturday, December 17th, 2011

Hope this tax comic will make you smile. Happy Friday from Tax Resolution Services! Related posts:Tax Humor of the Month
Tax Humor of the Month from Tax Resolution Services
IRS Tax Humor For Your Friday! Related posts:

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Tax Client Saves $169,000 Through Offer In Compromise Program

Thursday, December 15th, 2011

Every month we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Larry B.
Mr. Larry B. owed the IRS over $179,000.00 when he contacted our office. Our negotiations and advocacy resulted in the Franchise Tax Board accepting

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Tax Evasion by Colorado Madam Results in Sentencing

Tuesday, December 13th, 2011

A woman in Denver who operated a prostitution business was sentenced to time served, followed by two years of supervised release, for tax evasion in connection to her illegal business.
According to the plea agreement, in approximately May 2005, Brenda L. Stewart, 36, agreed to purchase a prostitution business in which she was employed, known as Denver Sugar and Denver Players.
Stewart created an entity called Phoenix Media and Consulting, LLC. This entity

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